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Cable Update (GBPUSD)

  • #689,281
  • Sep 28, 2022 4:07pm Sep 28, 2022 4:07pm
Quoting lddd
{image} GBP/USD Exchange Rate Since 1791
you should have sold at the top of the civil war
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #689,282
  • Sep 28, 2022 4:20pm Sep 28, 2022 4:20pm
Quoting ForexGoose
{quote} you should have sold at the top of the civil war
Hehe. I should have never found out about trading.
  • #689,283
  • Sep 28, 2022 4:22pm Sep 28, 2022 4:22pm
I have been watching tv all day and on the laptop .. so you know it’s time to stop when you try to turn the tv over with your laptop mouse
  • #689,284
  • Sep 28, 2022 4:25pm Sep 28, 2022 4:25pm
Quoting lddd
{quote} So basically what you are saying is price will go up or down
Of course price will go up AND down. What I am saying is that the H4 TF is important to look at at the moment. And it is currently starting an up continuation. And for a "normal" continuation, the prior swing high will be broken. But if the continuation FAILS by not displaying the "normal" behavior then there is greater probability that the ensuing down swing will be more intense than "normal".

So, how far price will travel in a swing is not known until the swing has terminated. But because change starts from the smallest TF and propagates upward through the TFs, consulting smaller TFs gives you important information about the swing termination. And no, the price movement on small TFs is not just a bunch of noise and random gyrations--it is THE SAME as on EVERY other TF due to the fractal-like nature of financial time series.

One deficiency of the EW wave (swing) system is trying to force the 5-3 pattern onto everything. Some simplification via comparison of multiple TFs allows for a larger degree wave to be completed in a single swing as well as allowing for extensions to whatever count is needed: 7, 9, 11 whatever. If you took the time to study the posts in this thread, you would see how examining multiple TFs on the weekend produces expectations of what will unfold on the start of the trading week. Analyses for various days indicate the important TFs to watch, which are small ones on some days and larger ones on other days.

This is because WHICH TF is "in control" as well as which TF to focus your attention are dynamic, not fixed.
To free Gazans of Hamas, use whatever it takes.
  • #689,285
  • Sep 28, 2022 4:26pm Sep 28, 2022 4:26pm
Quoting elbert3
I have been watching tv all day and on the laptop .. so you know it’s time to stop when you try to turn the tv over with your laptop mouse
wtf
  • #689,286
  • Sep 28, 2022 4:29pm Sep 28, 2022 4:29pm
Quoting lddd
{quote} Hehe. I should have never found out about trading.
No it’s bad . Takes years of failing and losing money . Them who say never are 1.. very smart 2.. lucky .. I would say it took me 3 years . And I only trade GU and gold at this time .. so cable is very sneeeeky . You will never get away with a big move and try to carry on that move because it will eat it all back at some stage . Like most pairs . Never over complicate trading . If you keep it simple read out of the box you will stand a chance . After a time you will come to see trends . I don’t mean trend lines but how a pair moves . Always look left . You can see the past but you have to foresee the future . The past helps you educate your trading . The future is up to you .. regards E
  • #689,287
  • Sep 28, 2022 4:32pm Sep 28, 2022 4:32pm
Quoting T721
{quote} wtf
lol i know crazzzy
  • #689,288
  • Sep 28, 2022 4:33pm Sep 28, 2022 4:33pm
Quoting elbert3
{quote} lol i know crazzzy
you gotta serious problem there my friend
  • #689,289
  • Sep 28, 2022 4:48pm Sep 28, 2022 4:48pm
Quoting T721
{quote} you gotta serious problem there my friend
Lol I don’t have any problems . Been here and trading tooo long . Lol respectfully.. it’s all true . We are sideways till a few hours so it’s safe I think to sleep or put your stops in place . Never sleep without one . Better than sleeping with the wife .. you can depend on that one . You wake in the morning and you know where you are .. you wake with the wife it’s another day
  • #689,290
  • Sep 28, 2022 4:53pm Sep 28, 2022 4:53pm
Inserted Video
Night all trade what you see go look at your fibs E out
  • #689,291
  • Sep 28, 2022 4:58pm Sep 28, 2022 4:58pm
Quoting profits7
{quote} ______________ and All d time I thought u were Live in this , d way u posted MF ___________________________________________ made a few MF $$$ on d way Up {image}
________________________ this is just a lil part of my trusted syst.
Attached Image (click to enlarge)
Click to Enlarge Name: lil.png Size: 16 KB
Don’t focus on making $$$, focus on protecting what you have.
  • #689,292
  • Sep 28, 2022 5:29pm Sep 28, 2022 5:29pm
To me the GBPUSD is on a short term buy that can generate 200pips the time is right now to start looking for the buy and start making some $$$
  • #689,293
  • Sep 28, 2022 5:39pm Sep 28, 2022 5:39pm
Quoting BeeTogether
{quote} I think a lot of people were scratching their heads lol for some reason my pension website was down for maintenance at the same time. Not that I even knew that the pension thing was happening lol
Pension funds is another scam run by gov. Where is guarantee you will live until 67 years? If you out early, your family will get 50% of your life savings. Don't you rather have this money now, or choose to invest at your own discretion?
  • #689,294
  • Sep 28, 2022 5:45pm Sep 28, 2022 5:45pm
relax and enjoy some music


Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #689,295
  • Sep 28, 2022 5:48pm Sep 28, 2022 5:48pm
Quoting eyefeelsix
{quote} new entry, my chart updated {image}
300p altitude atmosphere --- 50% partial-close
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 17 KB
https://breakpullback.com
  • #689,296
  • Sep 28, 2022 5:50pm Sep 28, 2022 5:50pm
Quoting emmanuel7788
moving average moves with the price and will catch up with the price ... in the future buy @1.0800ish and exit when 200ema touches the price in the future
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Sep27 H1 200EMA 27-9-2022 8-26-09 pm.png Size: 20 KB


{image}
moving averages will eventually catch up with the price..

when it does, some say price action bounce H1 10ema and H1 50ema

target H1 200ema or the D1 10ema

Attached Image (click to enlarge)
Click to Enlarge Name: GU Sep29 200ema update29-9-2022 6-47-13 am.png Size: 21 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #689,297
  • Sep 28, 2022 6:15pm Sep 28, 2022 6:15pm
Should have clear move to 11185 - 11200
Attached Image (click to enlarge)
Click to Enlarge Name: _20220929_001329.JPG Size: 161 KB
  • #689,298
  • Sep 28, 2022 6:47pm Sep 28, 2022 6:47pm
Quoting Jolita
{quote} Pension funds is another scam run by gov. Where is guarantee you will live until 67 years? If you out early, your family will get 50% of your life savings. Don't you rather have this money now, or choose to invest at your own discretion?
With percentages of unemployment in the population, they postponed the retirement age instead of giving way to unemployed youth. Anyone can see the absurd. The reason? delay payments that they do not have. Plan B, not paying. I am not going to comment on how plan B is executed. Quite malevolent. When the time comes I will not apply for my pension. I have it clear. We are just merchandise, no value
POSTMASTER
  • #689,299
  • Sep 28, 2022 6:49pm Sep 28, 2022 6:49pm
BTW, cable starting to fall. Lets see
POSTMASTER
  • #689,300
  • Sep 28, 2022 7:10pm Sep 28, 2022 7:10pm
Agree.
Here is a legislation for employer to enrol you to join pension contributions after 3 first months of employement, for EE to start
''saving early''. EE'r adds on from 3% and you will get small % of tax rebate. When you take out pension you then pay tax back. Lots of twists when you come to the stage to withdraw.
If you change jobs, you will end up having lots mini pots to worry about, hire an adviser to sort things out. Pension providers also gain yearly. Basically, you pay your pension towards elderly retired people, as people live 20y longer these days. Also a good way for high earners to contribute larger amounts to cut on tax pmts.
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